Tag Archives: Muslims of Madras

The birth of a bank

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Chennai, TAMIL NADU:

A view of the Indian Bank headquarters on Rajaji Salai / Photo : R. RAGU

The Indian Bank recently launched its commemoration of its 100th year of business. But this month’s centenary is that of the collapse of Arbuthnot & Co., out of whose ruins there arose the Indian Bank.

The story of Arbuthnot’s and the bank that it ran has been narrated in this column before. Late last year, as the centenary year began, one part of it – the legal proceedings that followed – were narrated in detail in “the first full-length book on this spectacular financial catastrophe”, The Fall of Arbuthnot & Co., by Dr. Rangaswamy Srinivasan (EastWest Books). Today, I recall some of the key dates involved in the death of one bank and the birth of a new one.

It was on October 20, 1906, that P. Macfadyen, Arbuthnot’s correspondent and associate in Britain, committed suicide. On October 22, Arbuthnot’s petitioned the court to be declared insolvent and The Hindu reported that “a regular panic had taken hold of (the disappointed Creditors) and a rush was made to the High Court… “

V. Krishnaswami Aiyer, a young vakil at the time, taking his cue from a letter that had appeared in The Hindu, got together eight other like-minded persons and on November 2, 1906, they sent out a circular inviting the public’s views on the possibility of starting “a Native Bank in Madras”. Encouraged by the response they got, they called a public meeting on December 2 that was attended by 28 of the leading citizens of Madras. Out of these and subsequent deliberations emerged The Indian Bank Limited, registered on March 5, 1907 and opening its doors in Parry’s building on August 15th that year.

That Indian Bank was the second Indian bank to be established in Madras.

The first, the Madras Central Urban Cooperative Bank, was established on September 16, 1905. Other Indian banks, however, had been founded in the Madras Presidency before these two. They included the Tanjore Permanent Fund, now the Thanjavur Bank, started in 1901; the South Indian Bank, started in Tirunelveli in 1903; and the predecessor of the present City Union Bank, Kumbakonam, in 1904. Also predating the Indian Bank were the Canara Banking Corporation, Udipi, now the Corporation Bank, and the Canara Hindu Permanent Fund, now the Canara Bank, both started in 1906.

The eight who signed the circular Krishnaswami Aiyer drafted were :

H. Mohamed Abdul Azeez Badshah Saheb, Senior Partner of the firm with the same name and Hony. Consul for Turkey; Muraleedoss; T. Seetharama Chetty, Senior Partner of Moses & Co.; M.A. Kuddus Badshah Saheb; M. Jamal Mohideen and Co.; V. Bashyam Iyengar, High Court vakil and a former Judge of the Court; and P.R. Sundara Iyer, High Court vakil.

When the Bank was floated, its first Directors included four of these signatories – Seetharama Chetty, Azeez Badshah, Muraleedoss (Ramdoss) and Krishnaswami Aiyer.

Their fellow Directors were Lodd Govindoss, C.P. Ramaswami Aiyar, a High Court vakil at the time; Dewan Bahadur M. Adinarayanan Iyer, retired Deputy Settlement Commissioner; and two Nattukottai Chettiars, Rm.M.St. Chidambaram Chettiar and Dewan Bahadur S.Rm.M. Ramaswamy Chettiar, representing the community which substantially funded the Bank.

Ramaswamy Chettiar was the elder brother of Annamalai Chettiar who was to receive the title Rajah and who was to play a major role in the bank in his later years.

Of the 74 Directors of Bank up to nationalisation in 1969, thirty were Nattukottai Chettiars.

source: http://www.thehindu.com / The Hindu – The Metro Plus Chennai, Online edition / October 09th, 2006

Business Badshas

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Chennai, TAMIL NADU :

The trade, commerce, politics, and history of south India have been shaped by several powerful individuals and families.

The proprietor of the mica mines examines the accounts at the Kuddusabad camp

Chennai :

The trade, commerce, politics, and history of south India have been shaped by several powerful individuals and families. Among the names that made it to the list, the Badsha family — members of the Urdu Muslim mercantile elite — were one of the leaders in extending business relationships to places like Arabia, Egypt and Japan.

In a tete-a-tete with the fourth-generation descendants, Faiz Badsha Sayeed and Faud Badsha Sayeed, we find out more about perhaps one of the oldest families to establish a strong base in Triplicane, their life in the Madras Presidency and their omnipresence in south Indian history.

Hand-drawn carts were taken up hills and through jungles to reach the mica mines

 By 1819, Haji Mohammed Badsha Sahib established their family firm — a textile company, Messrs H Mohammed Badsha Sahib & Co.

By the early 20th century, the family also became leading importers of Manchester cotton goods and exported indigo, tamarind, mica and Madras cotton piece goods to Britain. “He was one of the richest businessmen in South…he was also giving and god fearing. If we, his great-grandchildren are doing well in life, I believe it is because of all the good deeds our ancestors did,” he said, adding that his great-grandfather, was also known as ‘Mallikutujar’, the head of merchants.

He hands us a picture of a man clad in a tunic and turban, and says, “That’s our grandfather, MA Khuddus Badsha Sahib, the seventh son of Haji Mohammed Badsha. My grandfather and his brother Abdul Azeez Badsha Sahib, were born in the building located in Vallabha Agraharam Street — the Broadlands lodging house which was previously the Turkish Consulate in Madras. Our great grandfather built it in the 1800s,” shares Faiz with a child-like enthusiasm.

After H Mohammed Badsha Sahib’s retirement in the early 1870s, his sons took over his business. The duo, Abdul Azeez Badsha and Khuddus Badsha, served as the Consul and Vice-Consul at the Turkish Consulate in Madras and were popularly known as the ‘Badsha brothers’ and epitomised leadership. “My grandfather purchased the area constituting Triplicane-Wallajah Road, Khas Mahal – ‘The Old palaces of Nawabs’ while Abdul Azeez Badsha Sahib purchased the entire Gemini complex. Some of the fourth-generation descendants still live in and around the area,” he says.

Faiz shares that Khuddus Badhsa owned a piece of land in Mecca. “Unlike Azeez Badsha, my grandfather never performed the Haj but, he sent my grandmother along with my father to perform the Haj. After they returned, she fell ill and requested my grandfather to build a tap in the zamzam well in Mecca. After a lot of back and forth through telegrams, the tap was finally built and shortly after that, my grandmother passed away. That was probably her last wish,” he says.

He hands us a sheet which reads, ‘No more loyal subject of the King-Emperor or more respected Member of the Mohammadan Community will be the guest of the Madras government at Delhi for the Imperial Coronation Durbar’. “Our grandfather was invited to the Imperial Durbar between the late 19th century and early 20th century. He, along with his brother, actively took part in several organisations and they were philanthropists,” he says. The Government of India even conferred Azeez Badsha Sahib with the title of ‘Khan Bahadur’ in recognition of his public services.

From being the trustee of the Madras Port Trust, vice-president of the South Indian Chamber of Commerce to the vice-president of the South Indian Athletics Association, Khuddus Badsha wore many hats. “He was also one of the founders of the Indian bank,” shares Faud.

Khuddus Badsha bought thousands of acres of land across the south. While some were turned to cultivation lands or passed on to the next generation, most are under court litigation. “After land reforms and the abolition of zamindari system, a huge portion of the land was taken by the government,” he says.


Over the years, the descendants have shown little evidence of their past glory, living a simple and unassuming life. “My father and his siblings took to other professions.

He was a doctor and one of his siblings was a barrister, who was tutored by Dr Radhakrishnan!

We have our daily jobs and live a normal yet happy life. We have learned to work hard and be giving, especially towards those who are less privileged,” shares Faiz.

Mica business
Khuddus Badsha possessed several ‘Shrotriems’, ‘Jaghris’, diamond mines and was a pioneer in the mica industry. He owned mines in Pinnamitta, Chennur and Khuddusabad, a village in Nellore district named after him. “Mica exhibitions were curated, and he also ran a Mica showroom in Triplicane. The Wallajah Mosque compound is where the factory/mica workshop manufactured mica daily basis. We even found bits of Mica in the house’s well,” shares Faiz.

source: http://www.newindianexpress.com / The New Indian Express / Home> Chennai / by Roshne Balasubramanian / September 27th, 2013

A legacy left behind

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Chennai, TAMIL NADU :

Step into a time capsule as we walk you through the four-generation history of Triplicane’s Broadlands hotel, which was once the Turkish Consulate in Madras.

Chennai :

On an evening rush hour, I am standing amid the choked Triplicane high road — a concrete jungle with nothing but chaos, that’s often romanticised as ‘glorious traffic’. Trying to find my way to a famous heritage hotel, a haven for weary travellers from across the globe, I walk across the ‘burqa’ shops and hotels and a few minutes later, I reach ‘Broadlands’ lodging house, located in the quaint Vallabha Agraharam street. Standing in front of the facade of the unassuming building erected in the 19th century, we are welcomed by a board mounted on the wall right above the sit out, which reads: ‘Welcome, Namaste! Traveller!’.

As soon as we enter the building, it seems like we have stepped inside a time capsule — multiple courtyards, shutter windows and doors, stained glasses from a bygone era, antique furniture, crumbling lime plaster walls and a comforting blue, green and pink paint give us a welcoming taste of its old world charm. An enthusiastic staff member welcomes us and while we wait to meet its owner, the friendly banter of the guests keeps us engaged.

Clad in a red t-shirt and jeans, Krishna Rao, the third generation owner of the lodge welcomes us in. “My grandfather was from Andhra but had strong business ties here,” he says. According to Krishna, the building came into the family’s possession as part of a business deal or a bank auction. “Unfortunately, most Indian families have neglected to educate the next generations about their origins and history. So, what I know of this building’s history is very limited,” he explains.

Krishna Rao’s family came into possession of the building in 1951 from the ‘Badsha’ family, post which it was converted into a hostel and later into a lodge. “Law college students used to stay here when it was a hostel. Many even went on to become Supreme Court judges in the 90s and 2000s. This building is now a part of our family’s legacy and we haven’t changed anything here. Everything is intact, just like how we got it. With occasional maintenance and renovation work, the building is in great condition,” he beams as he walks us through the building.

Paintings and photographs from travellers are mounted on walls and as we progress from one courtyard to another (of a total three), it’s evident that the house gets bigger as we go further. “The current entrance of the building used to be the back or servant entrance before we took over the building. The main entrance opens to the big mosque but, we have always kept that closed. That’s why this part of the building is bigger,” he explains as we go up the labyrinth staircase.

“We really don’t know what the original history of the building is. Perhaps the previous owners could shed light on that,” he says, as we stand on the terrace of the building, watching the sunset, with a view of the big mosque, LIC building, Secretariat and Raheja Towers.

As questions of the larger part of the origin of the building shroud us, Krishna Rao offers us the number of a 66-year-old Faiz Badsha Sayeed, a fourth generation descendant of the Badsha family.A couple of phone calls later, along with Krishna, we land at the house of Faiz, in Triplicane.

Seated in the hall with a stack of old photographs, a trade book about the family’s Mica business, Faiz along with his elder brother Faud walk us through the history of the building, which once was a link between Madras and Turkey. The now Broadlands was once the ‘Le Consulat de Turquie a Madras’ or the Turkish Consulate in Madras! Faiz narrates, “Our great grandfather Haji Mohammed Badsha Sahib is where the family root began. He was a very ‘normal man’ but, he got lucky when a piece of cloth, possibly indigo dyed, fetched him a fortune from Britain.”

The history of the building which once opened its gates to foreign dignitaries is lost somewhere in time. “We are old and there’s only so much we can recollect about its history. We hope that the next generation takes it up and tries to document more about the heritage of the building and the family,” says Faiz, as he shows us a vintage picture of the consulate in all its glory, taken from the main entrance. “It’s funny that we have never been inside the building. We would like to visit Broadlands someday,” smiles Faiz looking at Krishna as he gives an affirming nod.

Trivia

Haji Mohammed Badsha went on to become one the richest businessman in South India and founded the Messrs H Mohammed Badsha Sahib & Co, a leading textile firm. “He was the one who built this building back in the 1800s. It was also his personal residence and my grandfather MA Khuddus Badsha Sahib and his brother Abdul Azeez Badsha Sahib were born in that building,” shares Faiz about his grandfather Khuddus, who was the seventh son of Mohammed Badsha. “He was also one of the founders of the Indian Bank and served as the Vice-Consul at the Turkish Consulate in Madras. This is just the tip of the iceberg Berg, he wore several hats,” beams Faiz.

source: http://www.newindianexpress.com / The New Indian Express / Home> Travel / by Roshne Balasubramanian / March 24th, 2018